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  • July 12, 2014
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  1. News - China Insider - TECHNOLOGY

    Xiaomi founder Lei Jun donates HK$93 million worth of stocks to employees

    Posted Jul 08th 2014, 05:56pm by Jeremy Blum

    ... Jeremy Blum jeremy.blum@scmp.com Each employee will receive 1,000 shares worth about HK$23,400 in total Xiaomi founder Lei Jun, a businessman often dubbed the “Steve Jobs of China”, recently donated HK$93 million worth of stocks to the employees of his company Kingsoft. In an internal e-mail distributed to Kingsoft employees on July 7, company chairman Lei said that Kingsoft’s ...

    http://www.scmp.com/news/china-insider/article/1549689/xiaomi-founder-lei-jun-donates-hk93-million-worth-stocks
  2. Business - Money - EQUITIES

    Rising won hits South Korean stock and earnings estimates

    Posted Jul 02nd 2014, 01:45am by BLOOM

    ... Bloomberg in Seoul Company profit forecasts are slashed as currency gains affect country's exporters Rising won hurts Korean stock and earnings estimates Strategists are abandoning forecasts for a record high in South Korea's composite stock index as won gains spur the steepest earnings outlook cuts in Asia. The average year-end Kospi estimate in a survey of strategists ...

    http://www.scmp.com/business/money/markets-investing/article/1544484/rising-won-hits-south-korean-stock-and-earnings
  3. Business - Money - MARKETS

    Limited upside seen for Hong Kong stocks in second half

    Posted Jul 01st 2014, 04:05am by Benjamin Robertson

    ... Limited upside seen for HK stocks Concerns about the mainland economy and tinkering by the central bank contributed to a lacklustre first half for local markets, and analysts say the outlook ... and "provided a fillip to the property sector as well as other high-yielding stocks within the utilities and telecommunications", said Mark Konyn, the chief executive of Cathay Conning Asset ...

    http://www.scmp.com/business/money/markets-investing/article/1543901/limited-upside-seen-hong-kong-stocks-second-half
  4. Business - Money - LISTINGS

    Chinese stock market debutants soar after 4-month IPO pause

    Posted Jun 27th 2014, 01:04am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com The three stocks hit 44pc cap set by Shenzhen bourse, with analysts tipping rallies to continue Mainland debutants soar after 4-month IPO pause The mainland's first three initial public offering stocks following a four-month suspension hit the daily trading cap on their listing debuts yesterday. Wuxi Xuelang Environmental Technology, Shandong ...

    http://www.scmp.com/business/money/markets-investing/article/1541294/chinese-stock-market-debutants-soar-after-4-month
  5. Business - Money - TAKEOVERS

    London Stock Exchange buys asset manager for US$2.7b

    Posted Jun 27th 2014, 01:04am by Reuters

    ... Reuters in London LSE buys asset manager for US$2.7b The London Stock Exchange (LSE) unveiled the largest acquisition in its history yesterday, snapping up US group Frank Russell for US$2.7 billion to boost its position in the world's largest financial services market and sending its shares surging. Europe's oldest independent bourse said it would fund ...

    http://www.scmp.com/business/money/markets-investing/article/1541254/london-stock-exchange-buys-asset-manager-us27b
  6. Business - Commodities

    Decline in rubber stocks linked to Qingdao port probe

    Posted Jun 25th 2014, 02:37am by Reuters

    ... Reuters in Singapore Decline in rubber linked to port probe Rubber stocks in bonded warehouses in Qingdao port have fallen about a tenth from a peak in May, partly on reduced demand ... person involved in the rubber industry in Singapore. The source said banks were being more selective and possibly more conservative. The market closely monitors rubber stocks in Qingdao, which ...

    http://www.scmp.com/business/commodities/article/1539944/decline-rubber-stocks-linked-qingdao-port-probe
  7. Business - Money - STOCKS

    New stocks Dynagreen and Hanhua end first day on firm note

    Posted Jun 20th 2014, 12:59am by Ray Chan

    ... on firm note Two companies- Dynagreen Environmental Protection Group and Hanhua Financial Holding- delivered positive performances in their first trading session on the stock market yesterday ... had gradually shifted their focus to small-cap stocks in the environmental, medical and internet industries at the expense of once high-flying Macau gaming, large bank and insurance companies. ...

    http://www.scmp.com/business/money/markets-investing/article/1536454/new-stocks-dynagreen-and-hanhua-end-first-day-firm
  8. Business - Money - GEOPOLITICS

    Does Iraq really matter to the stock market?

    Posted Jun 19th 2014, 11:13am by RICHARD HARRIS

    ... of stock market reaction may be down to the fact that Isis are an international bunch of misconceived adventurers, misfits and extremists with little real affinity for the country and the people ...

    http://www.scmp.com/business/money/markets-investing/article/1536039/does-iraq-really-matter-stock-market
  9. Business - Companies - LOGISTICS

    Maersk stock falls as China says no to mega shipping pact

    Posted Jun 18th 2014, 01:19am by Reuters

    ... Bloomberg Stock falls as China says no to mega shipping pact China blocked the formation of a global alliance by the world's three biggest shipping lines in a surprise move that ignored western approval of the plan and sent AP Moeller-Maersk shares tumbling the most in two years. The Ministry of Commerce said on its website that the proposed P3 vessel-pooling accord, ...

    http://www.scmp.com/business/companies/article/1535256/maersk-stock-falls-china-says-no-mega-shipping-pact
  10. Business - Money - MARKETS

    Thai stock exchange chief urges Hong Kong investors to return to troubled nation

    Posted Jun 13th 2014, 05:57am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Stock exchange president says it is safe to return to strife-hit country as prospects are improving Thai bourse woos HK investors The head of Thailand's stock exchange has urged Hong Kong fund managers to invest in the troubled country despite last month's coup and the imposition of martial law, saying companies' prospects were picking ...

    http://www.scmp.com/business/money/markets-investing/article/1531156/thai-stock-exchange-chief-urges-hong-kong-investors

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